2023
Flag  
GDP
$8.14BCURRENT US$
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2013-2023
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GDP GROWTH
25.9%CURRENT US$
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2023
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 GDP
$268BCURRENT US$
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2013-2023
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GDP GROWTH
33%CURRENT US$
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2023
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GDP PC 
$125,842CURRENT US$
Rnk 3 / 195
2013-2023
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GDP PC GROWTH
23.7%CURRENT US$
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2023
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GDP PC
$7,907CURRENT US$
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2013-2023
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GDP PC GROWTH
17.2%CURRENT US$
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About

Bermuda-Peru Trade: In 2022, Bermuda exported $95 to Peru. The main products that Bermuda exported to Peru were N/A. Over the past 6 years the exports of Bermuda to Peru have decreased at an annualized rate of 31%, from $878 in 2016 to $95 in 2022.

In 2022, Bermuda did not export any services to Peru.

Peru-Bermuda Trade: In 2022, Peru exported $187k to Bermuda. The main products that Peru exported to Bermuda were Other Furniture ($108k), Concentrated Milk ($68.1k), and Seats ($11.2k). Over the past 6 years the exports of Peru to Bermuda have increased at an annualized rate of 17.8%,  from $82.7k in 2016 to $187k in 2022.

In 2022, Peru did not export any services to Bermuda.

Comparison In 2023,  Bermuda ranked 179 in total exports ($254M), and does not have data regarding Economic Complexity Index. That same year, Peru ranked 90 in the Economic Complexity Index (ECI -0.61), and 51 in total exports ($66.6B).

Historical Data

Bilateral Trade by Products

Depth
Value

In 2022, Bermuda exported $95 to Peru. There were not main exports from Bermuda to Peru in 2022. During the last 6 years the exports of Bermuda to Peru have decreased at an annualized rate of 31%, from $878 in 2016 to $95 in 2022.

In 2018, Peru exported $187k to Bermuda. The main products exported from Peru to Bermuda were Other Furniture ($108k), Concentrated Milk ($68.1k), and Seats ($11.2k). During the last 5 years the exports of Peru to Bermuda have increased at an annualized rate of 17.8%, from $82.7k in 2023 to $187k in 2018.

Exports from Bermuda (Flag) to Peru (Flag) (2023)

Exports from Peru (Flag) to Bermuda (Flag) (2023)

Latest Data

Trade between Bermuda (Flag) and Peru (Flag)

Peru Exports

Market Competitiveness

Color
Bermuda
Top Destination
Germany$101M
Peru
Top Destination
China$22.5B

This map shows whether countries import more from Bermuda or Peru. Each country is colored based on the difference in imports they receive from Bermuda and Peru or the difference in the growth in imports.

In 2023, countries that imported more from Bermuda than Peru included South Africa ($96.3M) and Angola ($4.49M).

In 2023, countries that imported more from Peru than Bermuda included China ($22.5B), United States ($9.3B), and Canada ($3.24B).

Difference in imports from Peru (Flag) and Bermuda (Flag) (2023)

Comparative Advantage Bermuda - Peru

Flow
Scale

This chart compares trade between Bermuda and Peru by product, considering products traded by both, Bermuda and Peru.

During 2022, Bermuda had a large net trade with Peru in the exports of .

During 2018, Peru had a large net trade with Bermuda in the exports of Miscellaneous ($119k) and Animal Products ($68.1k).

Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Bermuda and Peru. This means that a dot/product with the flag of Bermuda indicates it has a comparative advantage over Peru. Similarly, a dot/product with the flag of Peru indicates it has a comparative advantage over Bermuda.

Product Space of Bermuda (Flag) and Peru (Flag) (2023)

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